His law firm, Slater & Gordon, said Wednesday that the suit had been settled. In a statement, Clarkson said: "I would like to say sorry, once again, to Oisin Tymon for the incident and its regrettable aftermath."

Financial details of the settlement were not disclosed, although the BBC reported it was more than 100,000 pounds ($140,000), to which both Clarkson and the BBC contributed.

The incident threatened the future of one of the BBC's most popular shows — and biggest international earners. "Top Gear" has won a huge following around the world with its mix of car tips, driving stunts and jokey banter.